Bank of Namibia Concludes Inaugural Monetary Policy Strategy Session

Bank of Namibia Concludes Inaugural Monetary Policy Strategy Session

The Bank of Namibia has concluded its inaugural Monetary Policy Strategy Session, aimed at enhancing the understanding and implementation of monetary policy. The session, attended by key stakeholders such as the Monetary Policy Committee, Board members, and essential staff, provided valuable education and insights into the intricate process of policy formulation. Naufiku Hamunime, the Acting Director of Strategic Communications and International Relations at the Bank, highlighted the significance of this […]

February 20, 2024 10

Namibia

Blacklisting Recommended for Company Accused of Tender Irregularities

The Finance and Public Enterprises ministry review panel has recommended that the Oshakati Town Council apply for the blacklisting of Truth Investments CC, a company accused of using false certificates to secure a N$7.3-million road upgrading tender. The company, owned by Jafet Mvula, allegedly submitted false documents to win the tender in August last year. The review panel's order, dated December 4, 2023, advises the council to apply for the […]

February 20, 2024 8

Namibia

IPPR calls for youth involvement in 2024 election

The Institute for Public Policy Research has warned that unless young people can be persuaded to take an interest in local politics, the country is likely to see a low election turnout. Here’s IPPR executive director Graham Hopwood with more.

February 19, 2024 29

Health / Medical

Health ministry urges caution amid Covid-19 increase in Rehoboth

Ministry of Health Executive Director, Ben Nangombe has urged the public to adhere to COVID-19 prevention measures, especially when attending memorial services for the late President Hage Geingob. This comes after a surge in COVID-19 cases at two schools in Rehoboth, with 20 reported cases since February 8th. Nangombe has confirmed that the cases are clustered in Rehoboth and have not spread to other parts of the country.

February 19, 2024 44

Business / Economics

Namibia readies 4-day work week trial

Namibia is set to launch a pilot program for a 4-day work week, starting in April 2024, for a six-month trial period. The Brief reports that Jonas IIeka from Pulse HR Network Namibia, who is spearheading the Namibia trial, onboarding has started for companies interested in participating in the pilot. Globally, conversations around the four-day workweek were first reignited by the COVID-19 pandemic, with workers and employers rethinking the importance of […]

February 19, 2024 97

Namibia

UNAM introduces sponsored readiness programme

The University of Namibia has announced the introduction of a sponsored UNAM Readiness Programme as part of the university’s commitment to enhance equitable access to higher education. Unam spokesperson, Simon Namesho says the programme is designed for students that want to enroll in the fields of Agriculture, Mathematics and Science, Education and Human Sciences, and Commerce and Management Sciences.

February 19, 2024 381

Environment

Namibia strengthens climate resilience with insurance pact

The Environmental Investment Fund of Namibia and the Namibia Special Risks Insurance Association Limited have signed a Memorandum of Cooperation. According to EIF spokesperson Lot Ndamanomhata, the agreement will advance climate change-related insurance products that support sustainable development.

February 19, 2024 49

Africa

Tech-savvy Africans are hedging against inflation by going digital

By Conrad Onyango, bird story agency The recent announcement by Opera MiniPay that it had signed up over one million users in Kenya, Nigeria, and Ghana just five months after its launch is the clearest indication yet of the rising popularity of decentralised finance, or DeFi tools, across the continent. “MiniPay makes it easier and more affordable for individuals across Africa to acquire, send and receive Mento […]

February 19, 2024 17

Namibia

Empowering Namibian Youth: SEE Namibia’s Call for Voter Education

By Dilia Mazula In a bid to address the concerning trend of voter apathy among Namibian youth, Social Enabled Education Namibia (SEE Namibia), a youth-led organization, supported by the US Embassy in Namibia, is dedicated to providing comprehensive education on the democratic process. Commenting on the issue, during an interview with Future Media News, Joseph Ndondi, Executive Director of SEE Namibia, emphasized the critical role of voter and […]

February 19, 2024 73